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Zilliz raises $43 million as investors rush to China’s open source software

TechCrunch

For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds open source software for processing unstructured data, recently closed a Series B round of $43 million.

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Summit invests $215M into Odoo, an open-source business management software developer, at a $2.3B+ valuation

TechCrunch

Open source has become a major force in the world of IT, and today a startup that has built a profitable operation by developing business management software on the principle is announcing a sizable secondary investment on the back of that growth. What is also notable is how Odoo pitches itself.

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Socket lands $4.6M to audit and catch malicious open source code

TechCrunch

Securing the software supply chain is admittedly somewhat of a dry topic, but knowing which components and code go into your everyday devices and appliances is a critical part of the software development process that billions of people rely on every day.

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Open source project Tea is brew2 for web3

TechCrunch

Open source code is integral to tech stacks at many large companies, but its authors rarely get recognized — let alone compensated — for their work. . Max Howell claims the package manager software he created, Homebrew, is the most contributed-to open source software program in the world.

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IDC Analyst Report: The Open Source Blind Spot Putting Businesses at Risk

In a recent study, IDC found that 64% of organizations said they were already using open source in software development with a further 25% planning to in the next year. Most organizations are unaware of just how much open-source code is used and underestimate their dependency on it.

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The future of Cloud-native software development with Radius

Xebia

The rise of platform engineering Over the years, the process of software development has changed a lot. This approach made the development process straightforward initially, but as applications grew in complexity, maintaining and scaling them became increasingly challenging. Download the magazine here.

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5 ways to improve mental health for software developers

TechCrunch

Lorna Mitchell is head of Developer Relations at Aiven , a software company that combines the best open source technologies with cloud infrastructure. Software development at its best is a creative endeavor. Developers need a certain level of comfort to be able to produce quality work. Lorna Mitchell.